FAIRLIGHT, NEW ROAD, PRESTWOOD, GREAT MISSENDEN, HP16 0PX - £635,000

FAIRLIGHT is a large extended detached house of 164m², built sometime between 1930 and 1949. It was last sold for £635,000 in May 2020, which was around 11% below the average May 2020 detached price in the Buckinghamshire local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was C.

FAIRLIGHT Sold Prices

Land registry data shows four sales for FAIRLIGHT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Buckinghamshire local authority area for the corresponding sale date. Most of the four FAIRLIGHT sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 12 MAY	£635,000	£712,001	11% below HPI
2005 29 MAR	£447,500	£401,820	11% above HPI
2000 25 JAN	£312,500	£250,938	25% above HPI
1995 22 DEC	£162,500	£150,764	8% above HPI

FAIRLIGHT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The four FAIRLIGHT sales between December 1995 and May 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2005 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2020 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is FAIRLIGHT?

FAIRLIGHT is 164m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 40% of detached houses in Prestwood, based on EPC data. The below chart shows the distribution of detached houses by size in Prestwood, and where FAIRLIGHT lies on this distribution: 65% of detached houses are smaller than FAIRLIGHT, and 35% of houses are larger. Note that EPC data is not available for all properties in Prestwood.

FAIRLIGHT: Plot and Title Map

FAIRLIGHT sits on a plot of roughly 0.202 of an acre, or 818m². The below map shows the location of FAIRLIGHT, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of FAIRLIGHT). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is FAIRLIGHT?

FAIRLIGHT is located on NEW ROAD in PRESTWOOD, in the HP16 postcode district. The below map shows the position of FAIRLIGHT on NEW ROAD.